It's updated every 15 minutes. With the passage of the Bland-Allison Act in 1878, the United States government was required to buy between two and four million ounces worth of silver every month, and convert it into silver dollars. Silver dimes, quarters, half dollars and silver dollars are all heavy with 90% silver and worth many times their face value. All fine lines in the hair above the forehead have disappeared, replaced by large flat areas. Extremely Fine: After only short time in circulation the highest parts of the design begin to wear down slightly. Once rounded, the front of the neck and cheek below the eye are now noticeably flattened by wear and abrasions. A careful count of the feathers determines if there are 7 or 8. Value charts in combination with grading images to judge condition discovers how much your old coin are worth. A smoothing of the chin and cheek is evident. It is important to remember when evaluating the overall value and scarcity of any 1878 Morgan Silver Dollar that millions of these coins were melted during the early 20th century and again during the silver boom of the late 1970s and early 1980s. The San Francisco Mint used an "S". That said, no matter what the grade of your 1878 Morgan silver dollar is, the melt value (how much the silver itself is worth) is $12.79. In your note (a separate note we received from Nancy), you say your Grandmother collects coins. Each coin in this listing has a … As reflected on the chart, 1878 Morgan silver dollar value is accurately determined by, variety, mintmark and condition. Morgan Silver Dollar Values 1878 to 1921 Condition of Coin; Date Good Fine Extremely Fine Mint State Morgan Silver Dollar Values 1/4/2021 1878 8TF $35.47 $40.25 $43.20 $166 1878 7/8TF $33.42 $35.47 $40.25 $148 1878 7TF $28.65 $35.47 $37.63 $74.25 1878 CC $67 $98 $118 $272 1878 S $28.65 $30.01 $37.63 $67.50 1879 $25.81 $25.81 $28.65 With today's high value of silver your old coins are becoming surprisingly valuable. The Morgan Silver Dollar Coins listed in this Silver.com product special are from the original 1878-1904 production range. Approximately 10,508,000 of the coins were minted in 1878. Depending on the condition and scarcity of the coin in question, you can pay anywhere from as little as $10 to as much as $100 and more for a Morgan Silver Dollar. Direct pressure from the silver mining industry, particularly the western states, led to the creation of the Morgan Dollar. While Morgan Silver Dollars are technically called Liberty Head silver dollars, they are more widely known by their namesake designer, George T. Morgan. Despite moderate even wear, lettering and rim are well defined giving your coin a respectable appearance. This page also shows coins listed for sale so you can buy and sell. Buy & Sell This Coin. The melt value of one 1878-1921 Morgan Dollar is shown below based on silver's price at 6/25/2018 2:59:01 PM EST. From 1878 to 1921, the same basic design was used on all Morgan silver dollars, with a few modifications to the reverse, resulting in four design variations. More than half a billion Morgan Silver Dollars were minted between 1878-1904. Year + Mint ** Number of coins minted Poor or Fair Good (G) Many are worth a significant premium due to collector demand often raising the value far above silver bullion price. Free shipping on many items | Browse your favorite brands | affordable prices. 1878 Morgan Dollar COIN INDEX Images are further down the page identifying each variety. The 1878 Morgan Silver Dollar features a likeness of Miss Liberty on the obverse and an American bald eagle on the reverse. 1878, the first year of the Morgan Silver Dollar series, features a wide array of varieties, many of which are based on the number of tail feathers seen on the eagle. * ONE DOLLAR* is on the bottom. $4.00 shipping. This means the coin is worth $19.65 based off its silver content alone. The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. Nearly half of these coins - over 270,000,000 - were melted down as a result of the Pittman Act of 1918. 1878 Morgan Silver Dollar Value. Now determine its date, mintmark and condition, refer to the chart and its value is often surprising. Each variety is valued separately. $40.88. These coins were minted from 1878-1904 and then in 1921. These are identified by the "CC" mintmark found on the reverse below the eagle's tail feathers. The Morgan silver dollar was minted between 1878 and 1904. Liberty is mostly an outline, once a cap, hair curls and head band are now obscured. This marked the only year the coins were minted in Denver. Watch your tail … One of the other major factors which skews the price of the 1878 Morgan silver … Dollars; Morgan Dollar (1878-1921) Shop at: APMEX David Lawrence L&C Coins Collectors Corner eBay U.S. The Morgan Dollar is minted in 90% silver and 10% copper. Therefore, you cannot assume the currently existing population for a given date is close to its original mintage figure. Entries in the value chart above are listed under these grade headings. Date by DateIn Depth Morgan Silver Dollar Value1878 to 1921, Morgan Silver Dollar Values | Popular and Valuable. Good: Lack of design defines this old silver dollar as "Good" condition. Compare your coins to images in the sections "How to grade Silver Dollars" and accurately discover how much your old dollars are worth. CoinTrackers.com has estimated the 1878 Morgan Silver Dollar value at an average of $35, one in certified mint state (MS+) could be worth $12,000. The coin values rely on the grading service to vet them and make sure that the price reflects the condition of the coin and that the dollar values they fetch are reasonably accurate. 2020 (P) American Silver Eagles: A New Modern Rarity, 1878, 7 Feathers: 9,759,300 (all types); values indicated below, 1878, 7 Over 8 Clear Double Feathers: $35+, 1878, 7 Feathers Proof: 250 (all types); values indicated below. Though well-preserved pieces do exist, they are seldom easy to be found, and even more seldom found in … The first minted Morgan silver dollars in 1878 depicted an eagle with 8 Tail Feathers, Reverse Type A; the dies were modified soon after to show 7 Tail Feathers, Reverse Type B. To figure the value of a US Morgan silver dollar, start with its basic silver value. Value all has to do with the number of tail feathers of the eagle on the reverse design. Free shipping on many items ... 1878-S MORGAN SILVER DOLLAR GEM UNCIRCULATED DMPL NICE COLOR!! Of interest to collectors, 1878 is the first year of the popular Morgan dollar series. Lack of any hair line above the forehead places this coin solidly in this lower grade. The most valuable 1878 Morgan Silver Dollar carries the “CC” mintmark used by the Carson City Mint. Review all of these factors discovering how much your coin is worth. Hi Nancy, Sounds like you have a nice US Morgan silver dollar with a CC mint mark encapsulated in a special government holder. Extremely fine condition describes a Morgan dollar with light wear. It always carries a premium value because of very low production, making it the rarest 1878 Morgan Dollar. By closely examining the surface and judging the amount of wear reflect its "grade." Get the best price if selling by knowing the accurate value of all your coins. Lettering now connects to the rim in places but readable. US Morgan Dollar from Carson City (GSA) 1878 to 1893. Bookmark this page (Ctrl+D) and come back to get the current melt value for this coin. 1878-CC Carson City Morgan Silver Dollar pictures, mintage, facts, and information. Uncirculated: Is your 1878 Morgan silver dollar value at a premium because of "uncirculated" condition? The coins were also minted in New Orleans, Denver, Carson City and San Francisco. 1878 Morgan Silver Dollar Mintage Figures 1878, 8 Feathers: 749,500; $40+ 1878, 7 Feathers: 9,759,300 (all types); values indicated below 1878, 7 Over 8 Clear Double Feathers: $35+ 1878, 7 Feathers 2 nd Reverse: $35+ 1878, 7 Feathers 3 rd Reverse: $35+ 1878 Morgan Silver Dollar. Also worth mention, San Francisco minted coins identified by an "S" mintmark and Philadelphia coins (no mintmark) both have premium values compared to other dates in the Morgan series. RARE THIS NICE!! Holding your coin by the edges, and by tilting and slowing rotating, unbroken bands of luster radiate from edge to edge. Value of 1878 cc Morgan Dollar. Further affecting value: Three different mints in 1878 coined silver dollars, all valued separately today. Essential to highest accurate coin values is determining the condition of your 1878 silver dollar. An uncirculated coin is without any wear to its surfaces. The mint mark, if present, appears on the reverse above the “o” in “Dollar”. In February 1878, the Bland-Allison Act became law and mandated that the government purchase several million dollars worth of silver every month and coin them into silver dollars. Morgan silver dollars with no mint marks were minted in Philadelphia. 1. Silver 1878 Morgan Dollars (1878-1921) for sale | eBay The main mint in Philadelphia did not use a mintmark. . 1878 marked the first year of production for the Morgan dollar. Coins. Morgan Silver Dollar Circulation The Morgan Dollar circulated from 1878 to 1904. This is the first Morgan Dollar struck at the Carson City Mint. Grading the 1878 Morgan Silver Dollar For coins from the 1800s, the most difficult task for collectors is finding a piece that has remained in decent condition through its 100+ year history. Your 1878 Morgan silver dollar value is a minimum of $26.15 Get the best deals on Silver 1878 Morgan Dollars (1878-1921) when you shop the largest online selection at eBay.com. Many are worth a significant premium due to collector demand often raising the value far above silver bullion price. 1878 Morgan Silver Dollar Mintage Figures. Well worth checking, the specific reverse variety of your coin has an impact on value in the uncirculated grade. Coin Values: Common dates in MS62-63 slabs can be found for $50. Value of 1878 Morgan Silver Dollar with 8 Tail Feathers. To calculate melt values of multiple dollars or use your own silver prices, edit the fields below and click "Update." How Much Morgan Silver Dollars are Worth: Morgan Silver Dollar Values & Coin Price Chart For Sale 1642 Auctions 25 Wishlist 28 Collection 2903 Early Silver Dollars (1878-1921) Many of your old US silver coin values are tied closely to the price of silver. The 1878 Morgan Silver Dollar was produced in three mints: Philadelphia, San Francisco, and Carson City. each. The hardest of the three reverses to spot are the small details determining the 7 over 8 feather variety. Overall, in this condition your silver dollar portrays a sharp crisp appearance, with a nice silver gray coloring. However, uncirculated examples are far scarcer for this issue than the 1882-CC, 1883-CC or 1884-CC. Your 1878 Morgan silver dollar value is a minimum of $27.62 each. Morgan Silver Dollars were temporarily struck again in 1921, before being replaced later in that same year by the new Peace Silver Dollar design. 1878 S Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Easily identifiable changes were made in the first year to the reverse design of the Morgan dollar. The mint in Philadelphia settled on the 7 tail feather design and it continued as the design for the remaining years of the Morgan dollar series. While it is the only year and mint (Philadlephia Mint) of this variety, it … Grade indicates condition or amount of wear.) No surprise here, the large size and classic designs insure Silver Dollars are one of the favorites with collectors. As expected, those coins that have been well-preserved over the years are the ones that will sell for the highest prices. The most valuable 1878 Morgan Silver Dollar carries the "CC" mintmark used by the Carson City Mint. Additionally those struck by the Philadelphia mint have different unique varieties on the reverse, each distinctive and collected separately. Fine: Wear has reduced original design detail to the point of merging. Available exclusively from American Mint, thismagnificent proof is meticulously reproduced from the highly coveted 1878 Morgan Silver Dollar. Use a web site such as kitco.com to find the current price of silver in US dollars per troy ounce, then multiply that price by 0.773 to calculate the base value … Between all three mints, approximately 22,494,000 Morgan Silver Dollars were produced in 1878. Find the current Morgan Dollar values by year, coin varieties, and specific grade. Rarer dates or higher MS ratings can range from $500-5000. Philadelphia, San Francisco and thirdly, valued the highest are those from the Carson City mint. The original design was for that of a half dollar. The 1878 Morgan Silver Dollar has a value of between $30 and $60,000 Type: Morgan Dollar Value: $30.00 to $60,000.00 Silver Value : $21.18 USD Mintage’s: 9.7 million in San Francisco, 2.2 million in Carson City, and 10 million in Philadelphia PCGS The Standard for the Rare Coin Industry. By CoinWeek ….. On Sunday, November 1, bidding ends on GreatCollections.com for this 1878-CC Morgan silver dollar graded MS-66 by PCGS.. Over two million Morgan dollars … Coin Values Moving with Precious Metals: Up-Dated 1/11/2021: Gold $1846 | Silver $24.91. This series begins with the 1878 Morgan Silver Dollar With 8 Tail Feathers. FREE - Silver Dollar Price Guide and Check List Values of Liberty Head “Morgan” Silver Dollars minted from 1878 to 1921* DATE Mintage*** Silver Dollar Grades (Value is based on the Coin’s Grade. The edges, and Carson City mint that year front of the feathers determines there... In 1878 coined silver dollars are one of the neck and cheek is evident silver! Flat areas luster still covers all design details always carries a premium value because of `` uncirculated ''.! To collectors, 1878 is the first year to the point of merging down as a of! Dollars were produced in three mints: Philadelphia, San Francisco that of half... Defined, with a CC mint mark encapsulated in a special government.! 27.62 each its basic silver value surprisingly valuable wear down slightly three mints... 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